The policy lays out a comprehensive framework to advance geothermal utilisation through targeted research, inter-ministerial coordination, and global best practices, with regulatory and stewardship responsibilities entrusted to the Ministry of New and Renewable Energy. The central government has notified the National Policy on Geothermal Energy (2025) as part of its strategy to achieve the ambitious...
Tag: ONGC
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Beyond Russia: ONGC’s Strategic Push for Global Oil & Gas Assets
Even as it charts a future roadmap with ambitious targets for increased production and a deeper foray into sustainable energy, India’s largest oil and natural gas producer is also eyeing distressed overseas assets to expand its global footprint. While current geopolitical uncertainty presents opportunities for acquisitions, ONGC will decide on overseas expansions based on pricing...
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ONGC Begins Gas Sales from Chinnewala Tibba Block, Boosting Rajasthan’s Energy Grid
The Chinnewala Tibba block, a discovered small field under the Rajasthan Kutch Onland Exploratory Asset, spans 73 sq km near the Indo-Pak border and marks a strategic addition to ONGC’s production portfolio. India’s largest oil and gas explorer, Oil and Natural Gas Corp. (ONGC), has commenced natural gas sales from its Chinnewala Tibba field in...
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ONGC Q1 FY2026 Net Profit Rises 18.2% to ₹115.5 Billion on Strong Gas Realisations and Offshore Gains
ONGC’s Q1 gains were buoyed by rising revenue from new well gas, which crossed ₹17 billion—₹3.3 billion above the administered price mechanism (APM) rate—as the company stepped up output from premium-yielding sources. India’s largest oil and gas explorer, Oil and Natural Gas Corporation (ONGC) has reported a consolidated net profit of ₹115.5 billion for the...
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70 exploration sites identified by ONGC
ONGC proposes spending Rs 27 billion to find new hydrocarbons.
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EOSIL awarded contract by ONGC
Essar Oilfields Services India Limited (EOSIL) announced that it has been awarded a one-year, Rs 32-crore contract by ONGC to drill 30 wells at the latter's coal bed methane (CBM) block in Bokaro, Jharkhand. The Company will be deploying the MR#11 land rig for the job.
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Reforming India’s Oil & Gas Sector
Avery colourful legend has it that during the construction of the railway line from Dibrugarh to Margherita by Assam Railways & Trading Co (AR&TC) in 1867, a herd of logging elephants returned to the camp with their feet covered in crude oil. Even as this led the AR&TC personnel to look for seepages, the site engineer, WL Lake, reportedly cried out in excitement to his workers, 'Dig boy, dig!' on coming to learn about it.
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We Are Focused on Energy Transition in India
Nitin Prasad, Chairman, Shell Companies in India feels that the government is on the right track with its measures to attract international investments into the oil and gas sector. Speaking to INFRASTRUCTURE TODAY on the sidelines of FICCI's Business and Climate Summit, he also touched upon the British-Dutch multinational's India plans.
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India Needs to be Realistic on the Exploration Front
Speaking exclusively to INFRASTRUCTURE TODAY, Prof Kirit Parikh, Chairman Integrated Research and Action for Development (IRADe) and author of the seminal report on pricing methodology for diesel, domestic LPG and PDS, believes that though the federal dispensation is presently offering lucrative terms to investors in the oil and gas sector, it must also ensure that those commitments are adhered to.
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Do or Divest!
With a disinvestment target of raising Rs.72,000 crore this fiscal, the government is all set to rule Dalal Street with Rs.18,000 crore worth of Initial Public Offerings (IPOs).